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  <title>Bond Case Study in Asset Settlement Using Blockchain Technology | Sawtooth Distributed Ledgers</title>
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    <h1><a href="index.html" title="Sawtooth">Sawtooth</a></h1>
    <h2>Asset Settlement</h2>
    <p>Enabling secure and efficient bond settlement with Hyperledger Sawtooth blockchain&nbsp;technology</p>
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    <article>
      <h2>Featured Resources</h2>
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        <li class="docs">
          <a href="http://intelledger.github.io/0.7/bond_family_guide/users_guide/ui_reference.html" target="_blank" title="Read the docs">Read the docs</a>
        </li>
        <li class="demo">
          <a href="https://bond.sawtooth.me" target="_blank" title="Explore the demo">Explore the demo</a>
        </li>
      </ul>
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  <div class="overview">
    <article>
      <h2>Secure Bond Settlement Across Financial&nbsp;Institutions</h2>
      <p>To streamline the process of transferring bonds, Sawtooth created a user interface and transaction family that allows investors to track and transfer bonds. Here, users can create, buy, sell, and settle their portfolio of bonds. While a transaction family was customized specifically for bonds and their unique identifiers, transaction families can be customized for a wide range of financial investment tools.</p>
    </article>
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    <article>
      <h2>Challenges with Traditional Bond Record&nbsp;Keeping</h2>
      <ul>
        <li>Record keeping practices differ between institutions, reconciling ledgers is often difficult, expensive and time consuming</li>
        <li>Historical bond ownership data can be fractured and incomplete</li>
        <li>Centralized data management solutions have monopolized their offerings</li>
        <li>Data can be altered retroactively leading to financial fraud</li>
        <li>Centralized systems risk single failure points</li>
      </ul>
    </article>
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  <div class="solution">
    <article>
      <h2>Blockchain Technology Driven Solution</h2>
      <section class="how-it-works">
        <h3>How It Works</h3>
        <ol>
          <li>Create a participant</li>
          <li>Create a bond</li>
          <li>Issue quotes</li>
          <li>Create &amp; settle orders</li>
          <li>View portfolio</li>
        </ol>
      </section>
      <section class="advantages">
        <h3>Advantages of Blockchain <b>Bond Ownership</b></h3>
        <ul>
          <li>Creates data consistency across different institutions</li>
          <li>Ensures comprehensive, ordered, accurate, immutable historical ownership data</li>
          <li>Secures sensitive information through unique hardware configuration</li>
          <li>Distributed records combat monopolies and yields transparency and trust</li>
        </ul>
      </section>
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        <h4>Get Started Today</h4>
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          <li class="docs">
            <a href="http://intelledger.github.io/0.7/bond_family_guide/users_guide/ui_reference.html" target="_blank" title="Read the docs">Read the docs</a>
          </li>
          <li class="demo">
            <a href="https://bond.sawtooth.me" target="_blank" title="Explore the demo">Explore the demo</a>
          </li>
        </ul>
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      <h2>Bond Settlement is just one of many use cases</h2>
      <h3>Revolutionizing the bond settlement process is just one example of the many ways Sawtooth can have real world benefits.</h3>
      <p>The Sawtooth platform enables developers to design custom solutions for a variety of financial use cases. With Sawtooth, developers can customize transaction families for the unique characteristics of specific financial investments such as bonds or derivatives. Transaction family logic enables participants to add users and firms, issue assets and quotes, and trade and settle instruments on a shared ledger between financial services companies.</p>
      <h4>Check out the Sawtooth Docs</h4>
      <a class="button" href="https://intelledger.github.io/" target="_blank" title="Documentation">Documentation</a>
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            <p>Marketplace Navigator is a browser based GUI designed to be used with a Sawtooth transaction family. It allows users to create and exchange digital assets.</p>
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